Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

innovation DAILY

Here we highlight selected innovation related articles from around the world on a daily basis.  These articles related to innovation and funding for innovative companies, and best practices for innovation based economic development.

Dear Group:

Good meeting with many of you at ASME earlier this summer.

If anyone is in DC on Tuesday morning and would like to attend this event, please do so. . The National Academies is releasing its report on research parks on Sept. 22 at the Capitol Visitors Center, and Senator Pryor of Arkansas will be speaking as will I on behalf of AURP. [This was organized only late this week so apologize about the lack of advance word.] See attachments

Read more ...

The Communication “Reviewing Community innovation policy in a changing world [53 KB]” presents an assessment of the achievements and shortcomings in implementing Community policies in support of innovation in recent years. Together with a series of more detailed Commission staff working papers, it serves as an input to the preparation of a new European innovation plan, as called for by the European Council.

The objective is to put in place new ambitious policies to foster innovation in Europe. The new policy will be presented in the context of the forthcoming post-2010 Lisbon strategy for growth and jobs, taking into account the global economic crisis.

Read more ...

I've invented another theorem or "law" of innovation, which suggests that the speed of innovation is inversely proportional to the kinds of innovations you create. If your team creates incremental innovations, then the pace of innovation must be high, and the pipeline kept full. If your team creates disruptive innovations, then the pace can be much slower, with perhaps fewer ideas in the pipeline. This is predicated on a number of assumptions:

Read more ...

Jim Jaffe, President and CEO of NASVF:

I want to thank everyone that attended the NASVF Conference in Oklahoma City, Oklahoma this week and especially our host, the Greater Oklahoma City Chamber and all the sponsors that supported this fantastic event.

There were many great opportunities to learn from the best practitioners in the country at the diversified panel discussions along with listening to keynote presenters.

Read more ...

The NASVF conference this week presented a wide array of options and opinions on seed and early stage funding. Representatives of federal, regional, state, and both public and private sector economic development and investment organizations participated on panels. Most felt that their approaches would be successful, but the only things they truly agreed upon was that such investment was both necessary to our future economic growth and harder to get in this economy.

 

Read more ...

According to C.K. Prahalad, a professor of corporate strategy at the Ross School of Business of the University of Michigan, corporations seeking to create new markets addressing the needs of the billions of poor people living at the bottom of the economic pyramid can — and should — use that effort to drive sustainability and innovation within their own ranks.

Read more ...

NEW HAVEN — - Despite its lofty ranking when it comes to personal income, Connecticut has been slow to harness the wealth of its most prosperous residents to support technology startups.

A new state plan — endorsed this week by Gov. M. Jodi Rell — would give tax credits to such "angel investors."

Read more ...

September 18, 2009 - President Obama announced the recipients of the 2008 National Medal of Science and National Medal of Technology and Innovation, the nation’s highest honors for science and technology research. Many recipients are members of the National Academy of Sciences, National Academy of Engineering, or Institute of Medicine. They will receive their awards on Oct. 7 at a White House ceremony.
Read more ...

Alexander Pope’s 1709 “Essay on Criticism” had these immortal lines “…for fools rush in where angels fear to tread”. He was of course referring to the literary critics of his time and, in his time, implied some one who behaved foolishly rather than referring to a simpleton or someone lacking in intelligence as it does now.

Every entrepreneur, observer, VC, analyst and even bureaucrat will tell you that there’s a severe shortage of true boot-strapping capital. The money required to really start off on the entrepreneurial journey. Friends, family and fools (collectively FFF, rather unfairly but with tongue firmly in cheek) provide the initial emotional and perhaps some monetary support for the budding entrepreneur. It invariably takes more than that to demonstrate the venture is capable of taking off.

Read more ...

Intellectual property rights (IP) is one of the major component of research in many organizations (both profit and non-profit), institutes and academics. Since 1970’s, during which a Canadian non-governmental organization (ETC group) filed two patent applications for the first time on “the world’s first-ever human-made life form”, many companies including academic institutes or universities are encouraging their researchers to protect their findings through IP’s. It is obvious for the researcher to surprise if he looks at the number of patents that were issued since 1970 on various entities over the advancement of science. Despite intense database on inventions and/or discoveries of various scientific organizations, the increasing interests of the scientists to protect their inventions/technology/discovery thorough IP is significantly reducing the accessibility of their findings and there by slowing advances in science. In this review, we are discussing on various components of patenting tools, protection and methodologies as an introductory material for scientists and students for the better understanding of intellectual property (IP) rights. We would like to promote the use of IP’s to protect the technology being theft out for biological terrorism rather than a commercial motif to “Business” the science.

 

Read more ...

So you’ve got the killer social application, community, feature, software. The idea is going to make mint! Now what?

According to IDEA2009 - the conference for social and experience design, held here at MaRS yesterday - you need to design an experience that will make that idea sing with users. For that, Christian Crumlish and Erin Malone, authors of O’Reilly Media’s Designing Social Interfaces, present: 5 Steps, 5 Principles and 5 No-No’s for your killer social media innovation.

Read more ...